USD Coin – New Cryptocurrency Introduced to You by Goldman Sachs

[icalical]

Hmmm, What is the main difference from USD Tether, even though they got some bad accusation view times ago, but seems like all major exchange still rely on USD Tether. Other than that, don't many stable coin, one good and reliable stable coin is enough.

[1715472568]

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[1715472568]

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[1715472568]

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[poodle63]

A new altcoin that is equal to USD but this time, it was backed by an American multinational investment bank and financial services company, The Goldman Sachs Group, Inc. Now this is more interesting! A new competitor of USDT and TUSD is coming to town which is more charismatic and stronger than those two. Seems like a good news for cryptocurrency.

At least this one will be more reliable compared with tether. i can't even imagine this one. There is a competition between the stable currency because we know that the majority of exchange sites are using tether as the main pair of the various exchange sites right now. Man this is interesting to watch.

[martychubbs]

Excuse me man, but it sounds very suspicious, how wuold you handle with crypto related volatility of that coin for example?

[Red-Apple]

to be 100% clear this is NOT created by Goldman Sachs.
it is created by a company that Goldman Sachs has invested in called "Circle" that is a little different and this company is still a bit shady in my opinion as it is buying its way into every market aspect, they have bought poloniex IIRC and now this coin!
i hope we don't end up seeing another bitfinex.

[CP_Processor]

Dear community, here is the first in the series of stablecoin reviews performed of the USD COIN (#USDC).

The goal is to further raise awareness on stablecoins, and help people understand how they work and what is their overall potential.

Hope you will find them useful!

https://medium.com/cp-processor/stable-coin-review-usd-coin-usdc-c7cf78c81dfb

[St4yInTh3D4rk]

to be 100% clear this is NOT created by Goldman Sachs.
it is created by a company that Goldman Sachs has invested in called "Circle" that is a little different and this company is still a bit shady in my opinion as it is buying its way into every market aspect, they have bought poloniex IIRC and now this coin!
i hope we don't end up seeing another bitfinex.

I am not have much knowledge about the USDC until now but after coinbase have added USDC into their wallet and exchange then it looks like more people have started using this as their stable coins over USDT and it also maintain the price much stable than other coins.